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STRAMGT 365

Strategic Decision Making

Graduate School of Business

Recommended for route(s):

[ Transactional ] Education Law: General

Why it is relevant for ...

[ Transactional ] as a Relevant Course outside SLS for those interested in Strategic Decision-Making : Strategy and good decision-making are important components in a successful business or non-profit. Strategy can be about finding the right markets, or about other issues that must be managed in the social, political and legal environments of the particular industry. Students should consider taking one or more courses focusing on techniques to analyze data and make good decisions.
Students who do not have a quantitative background should consider taking the GSB, rather than the MS&E, courses on strategic decision-making.

General course
Description:

This compressed course concerns the analysis of strategic decision-making, with an emphasis on the process of "big stakes" analysis in complex corporate settings. The first week is devoted primarily to the tools of this process and to coping with (strategic) unawareness (especially in competitive situations). The second week is devoted primarily to "learning by doing," as we apply the tools developed in the first week to real-life problems. The overall objective of the course is to develop the student's working knowledge of these techniques, so the student can fruitfully apply these techniques on his/her own. The course may be taken as a two-unit compressed course by signing up for STRAMGT 565 and participating in the first week only. Alternately, students may sign up for both weeks, by registering for STRAMGT 365. Students who sign up initially for STRAMGT 565 will be able to decide late in week 1 whether to continue into week 2 (in effect, these students will have the registration changed from 565 to 365). Note that, in the registration process, students who rank STRAMGT 365 will have a greater chance of getting a spot than students ranking STRAMGT 565. (It will not be possible to change in midstream from 365 to 565, i.e., to drop the second week). Students will be expected to do approximately 90 minutes of work outside of class each day both weeks. A group project will be the main work product in the second week. The course will be taught jointly by Carl Spetzler, Chairman, Strategic Decisions Group and Professor Yossi Feinberg.

Course Style: A Substantive course teaches the law, theory, and policy in a particular area of law